An efficient AP department means streamlined processes, reduced costs, and faster processing time. This short quiz will help you discover how efficient your accounts payable process is, learn key stats from other businesses like yours, and determine if AP automation can optimize your business. 1. How long does it take to process invoices? A. More…
You probably don’t enjoy completing manual accounts payable (AP) tasks. But thanks to automation software, you don’t have to. With advanced optical character recognition (OCR) technology, document capture and management software, and electronic form services, organizations can outsource their AP processes to the cloud. You can improve inefficiency, eliminate late payments, and avoid unnecessary risk…
The coronavirus has changed the way businesses operate. Already the number of Americans working from home has quadrupled to 50% according to a recent survey from The National Bureau of Economic Research. Twitter and Square have already offered employees the option to work from home permanently and Facebook is considering doing the same. In fact,…
The MetaSource team is committed to providing our clients with state-of-the-art solutions that help them stay competitive and enable them to do more. Kofax AP Essentials™, formerly ReadSoft Online™, is one of those solutions, with a platform that brings new speed and efficiency to the task of invoice processing. On July 29, 2020, MetaSource and…
As the coronavirus remains a threat, many businesses are struggling with how to keep their employees safe while adapting to the new norm. Many business leaders have seen the advantages of outsourcing–both to help their remote workers and those who are returning to the office–stay connected and productive despite the distractions of companies in transition….
The corporate mailroom is a common roadblock for important business processes. It’s difficult to stay on top of the mail, but critical to do so, because falling behind leads to outstanding invoices, unfulfilled obligations, and expired opportunities. With all of the labor involved—from receiving, opening, and distributing paper mail, to maintaining an empty email inbox,…
Did you know that to experience the benefits of accounts payable (AP) automation, you don’t need to dive into a fully-featured solution all at once? Studies show that even automating small pieces of the AP process at a time could still have a significant positive impact on the efficiency of your operations. Ideally, your approach…
Congratulations! You’ve made the smart decision to eliminate invoices and streamline the receipt of your mail and email with a digital mailroom. As soon as it’s all in place, you’ll quickly start to enjoy increased efficiency and the ability to reallocate space and staff hours that were previously being wasted on managing incoming paper and…
If you’re looking for a solution to alleviate financial issues caused by manual processing, AP automation is the way to go. Automating your accounts payable process can help you increase efficiency, improve accountability, and simplify compliance, all while saving your company time and money—and these are just a few of the benefits. As you eliminate…
You’ve been here before—sitting in your restaurant’s back office, looking at a pile of paid invoices. You’ll need to keep those receipts for at least seven years in case you get audited, and you may need some of them to settle payment disputes with your vendors down the line. But for right now, they’re dead…